{"data":{"id":"us-la/rs-10-8-303","jurisdiction":"us-la","citation":"RS 10:8-303","heading":"Protected purchaser","body":"(a) \"Protected purchaser\" means a purchaser of a certificated or uncertificated security, or of an interest therein, who:\n(1) gives value;\n(2) does not have notice of any adverse claim to the security; and\n(3) obtains control of the certificated or uncertificated security.\n(b) A protected purchaser also acquires its interest in the security free of any adverse claim.","path":["TITLE 10. COMMERCIAL LAWS"],"source_url":"https://www.legis.la.gov/legis/Law.aspx?d=74358","current_through":"2025 First Extraordinary Session","vintage":"","retrieved_at":"2026-09-14T04:50:07Z","sha256":"a4170a3338c36cee2be785ad25f29b4c1b0aeeaac025022ff060a49e8997045b","source_id":"us-la","stale":false,"prev":"us-la/rs-10-8-302","next":"us-la/rs-10-8-304"},"notice":"GroundRules: Original legal text. Not legal advice."}